Can you investigate the trucks that are being auctioned?
Can you start them?
Can you drive them?
Ritchie Brothers
Discussion in 'Ask An Owner Operator' started by 77fib77, May 1, 2015.
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From my understanding you can look at them.
No road test allowed to my understanding
No starting either if I remember correctly -
Yes you can start them the most you can test drive tho is a few feet forward and back. I've bought and sold lots of trucks at Ritchie Bros. and I've only ever been burned once. I bought a winch truck and lost the motor 2 weeks later but that's the risk you take buying at auction. To tell you how much I buy with them my online bidding limit is set at 5 million although I've never spent that much at once yet.
Go to the auction a day in advance so that you have enough time to really look over the equipment, take a pad and pen and make yourself really good notes so that when its on the ramp you can remember the good and bad, lastly pick a number that you are comfortable spending and stop when the bidding exceeds it even if that means not bidding. I can't tell you how much iron I've watched sell way above market because someone was excited about bidding in an auction.Caterpillar Cowboy, brian991219, magoo68 and 4 others Thank this. -
All of them are SOLD on a AS IS / WHERE IS BASIS
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If you could spend 40 or 50 minutes on the truck. It would less of a gamble for sure.
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Just a curious question about R/B auctions. Years ago I went to their auction in Orlando. If you had a bidders card you could attend the Hospitality Event.
At the Hilton no less.
Do they still do this? Glad I had room if you know what I mean. -
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Usually its just junk left on the last days of an auction they catagorize the fast moving items for the start of the sale , last 3 day RICHIE BROTHERS auction I went to all that was left on the last days was 2 wheel utilty trailers old tires , rims and old shop items,used containers , hiway trucks / trailers went on first 2 days
Lepton1 Thanks this. -
In my experience people just put their junk there for sale. Good buys are fleet buys. Like Walmart often sells their trucks and you can pick a good one out of 20
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